Results for
deficit
27 Results-
Egypt’s current account deficit widens to $2.8 billion in July-Sept
Egypt’s current account deficit widened to $2.8 billion in the July-September quarter from $1.4 billion in the same quarter of 2019 as the coronavirus ... Economy -
Lebanon’s 2019 deficit much bigger than expected: Finance Minister
Lebanon’s 2019 budget deficit will be much bigger than expected owing to a “very concerning” decrease in state revenues, caretaker ... Economy -
US budget deficit grows 27 percent through July
The US government's budget deficit rose by $183 billion to $867 billion during the first 10 months of this budget year as spending grew more than ... Economy -
Egypt’s current account deficit widens to $7.6 billion
Egypt’s current account deficit widened to $7.6 billion in the first nine months of the 2018/19 fiscal year from $5.47 billion a year earlier, ... Economy -
How big a deficit should the Saudi Arabian government run?
Saudi Arabia is planning on operating a fiscal deficit of approximately $35 billion (just over five percent of GDP) for the year 2019. Once it has ... Middle East -
Japan logs first trade deficit since 2015
Japan logged a trade deficit last year for the first time since 2015, with export growth slowing amid tensions between the country’s two biggest ... Economy -
Saudi finance ministry: Budget deficit will be eliminated by 2023
Saudi Arabia’s Ministry of Finance revealed the fiscal and economic estimates for the coming five years, up until the budget of 2023. They ... Economy -
Saudi 2018 budget deficit falls to 136 bln riyals, revenues reach 895 bln riyals
Saudi Arabia’s Ministry of Finance announced some of the 2018 fiscal results, with spending reaching 1.03 trillion riyals with expenses of SAR 1 ... Economy -
Morocco forecasts 2019 budget deficit down at 3.3 pct
Morocco’s 2019 draft budget forecasts a deficit narrowing to 3.3 percent of gross domestic product in 2019, down from 3.8 percent expected in ... Economy -
Despite protests, Iran raises prices of water, electricity and gas
While the protests across Iran continue against rising prices and the drop in living conditions, the Iranian parliament has agreed to increase water, ... Economy -
Bahrain draft 2017-18 budget projects slow progress in cutting big deficit
Bahrain’s cabinet has approved a draft budget for 2017 and 2018 that projects only slow progress in cutting the country’s budget deficit, ... Economy -
Saudi govt says making faster than expected progress in cutting costs
Saudi Arabia’s government is making faster than expected progress in cutting costs and that is the main reason for a stronger budget position so ... Economy -
Saudi Budget 2017: Shrinking deficit, raising expenditure
The budget indicates that this year’s deficit was lower than originally expected Middle East -
$7.8 bln deficit in Qatar’s 2017 budget
Shortfall will be covered by local and international debt issues, says Finance Minister Business -
Kuwait launches foreign bond sale to finance deficit
This comes on top of a $6.6 billion domestic debt program which is already underway Economy -
Iraq says to cut 2017 budget gap on lower expenditures, higher oil income
Expects to sell 3.75 mln barrels of oil per day next year at a price of $42 a barrel, higher than in recent months Energy -
Kuwait raises petrol prices by more than 80%
The move is part of economic reforms aimed at countering falling oil revenues Business -
Kuwait sees 3.9 billion dinar deficit in 2016
Despite the decline in overall spending, salaries and capital spending still rose Economy -
Egypt’s Q1 current account deficit at $4 bln vs $1.6 bln
The overall balance of payment deficit reached $3.7 billion Economy -
Morocco’s trade deficit narrows 6 percent in 2014
Auto and electronics exports rose by 26.2 percent and 26 percent respectively Economy -
Oman cement firms say govt to double gas prices from Jan. 1
Along with Bahrain, Oman is being hit particularly hard among the Gulf Arab energy exporting nations by oil’s slide Energy -
Egyptian cabinet cuts deficit in revised budget plan
It is not immediately clear what percentage of GDP the deficit would account for in the new budget Business -
Sources: Egypt turns to Western economic advisers
Egypt hiring economic advisers could indicate upcoming bold steps by president-elect Abdel Fattah to fix state finances News -
Egypt’s Sisi aims to bring deficit down to 8.5 pct by 2017/18
Sisi has not given specifics on how he would reform subsidies, which eat up around a fifth of state spending. Economy -
Morocco sees 2014 borrowing needs at 2.5bn euros
The government did not announce when it will issue foreign bonds Economy -
Turkey’s October data shows budget on track, says finance minister
Turkey’s budget shows a $1.6bn deficit last month, down from a$2.15bn in October last year Economy -
Jordan to hike power prices, risking public outcry
Jordan plans to raise power prices after doubling taxes on cellphones to offset a large budget deficit, despite warnings that such measures will ... Business
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